Friday, March 29, 2024

Twitter removes ‘interim’ tag in naming Dorsey CEO

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After a three-month run serving as the interim CEO for Twitter, founder Jack Dorsey has been named the permanent CEO for the social media platform. Dorsey took over on an interim basis earlier this year after Dick Costolo decided to part ways from the company. In addition to his role as CEO for Twitter, Dorsey will continue as the CEO for online payment company Square, which he founded in 2009.

Dorsey took to his Twitter account this morning to share some thoughts regarding the appointment and the future for Twitter:

One of the steps that Dorsey plans to take is to improve the way Twitter works so more users feel comfortable accessing the service. Dorsey could turn to some of the third-party apps available for Twitter users for inspiration as the company works to improve their apps and platform.

Besides improvements to the app, it seems likely that Twitter and Square will continue to strengthen the bond between the companies and services, like the initiative announced during the interim period that enables political campaigns to use a combination of Square and Twitter to make contributions to candidates.

Along with dropping the interim tag from Dorsey’s title, Twitter also announced Adam Bain, who was the company’s head of revenue, will be moving up to serve as the chief operating officer. Costolo completed his separation from the company as he officially stepped down from the Twitter board. In his role as CEO, Dorsey will not get paid by Twitter, though he does own a significant stake in the company.

Where would you like to see Dorsey lead either Twitter or Square moving forward?

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